Business Development Officer

**Regular/Temporary**
- Regular

**Job Title**
- Business Development Officer**Job ID**
- 65993

**Location**
- McMaster Innovation Park (MIP)**Open Date**
- 11/05/2024

**Job Type**
- Limited Term (=12 month)

**Close Date**
- 11/19/2024

**Employee Group**
- Unifor Unit 1, Staff

**Favorite Job**

**Department**
- MILO

**Salary Grade/Band**
- Grade 10

**Salary Range**
- $31.40 - $50.11 (hourly)

**Contract Duration**
- 12.7 Months

**Hours per Week**
- 35

**Posting Details**

**Schedule**:Monday to Friday (8:30am - 4:30pm) full-time 35 hours/week, hybrid work arrangement

**Education Level**:

- Bachelor's degree in relevant scientific field.
- Master's degree in Business Administration or related field.

**Career Level**: Requires 2 years of relevant experience.

The McMaster Industry Liaison Office (MILO) supports the research endeavors of McMaster University by facilitating collaborative research with industry partners and disseminating research results through commercialization. MILO is a unit of the Office of the Vice President Research at McMaster University and is looking for a qualified professional to join the Business Development team.

**General Description**

Responsible for enhancing the development of collaborative relationships between the University, public, and private sector. Assists in the assessment of patentability and market potential of University research, in support of the University's research and technology transfer activities. Requires a thorough knowledge of business fundamentals and a scientific field.

**Representative Duties & Responsibilities**
- Facilitate activities associated with establishing and maintaining the University's intellectual property protection including liaising with patent attorneys and other agents.
- Collaborate with others to identify industrial partners and facilitate additional research funding through private partnerships.
- Drafts intellectual property related agreements for internal use and non-disclosure agreements between the University and external organizations.
- Educate and inform faculty, staff, researchers, and students on legal and patent issues related to protecting their Intellectual Property, University's Intellectual Property policy and technology and knowledge transfer in general.
- Negotiate and prepare intellectual property agreements at the guidance of leadership including option agreements, technology licenses, and interinstitutional commercialization agreements between the University and external organizations.
- Estimate the potential market size in dollars for a new technology by gathering, compiling, and analyzing market data.
- Travel to various institutions and to potential industrial partners to promote the University's research and technology transfer activities.
- Meet with faculty, staff, researchers, and students to discuss their research and inventions with commercial potential and legal protection issues related to created intellectual property.
- Evaluate new disclosures by searching scientific literature and world patent databases for commercialpotential.
- Create due diligence reports by comparing the features of new technology with the claims of patents that might be related.
- Gather and compile information required to create marketing materials and develop business plans.
- Create and deliver presentations on a variety of topics, including but not limited to, intellectual property and emerging technologies.
- Provide recommendations on patent and commercialization strategies.
- Coordinate and facilitate meetings between various parties interested in a specific technology.
- Participate in and coordinate promotional events.
- Update and maintain database information.
- Attend and participate in department meetings.
- Respond to inquiries from internal and external colleagues and collaborators.

**Supervision**
- No formal supervision of others is required.
- Provide orientation and show procedures to others.

**Qualifications**
- Bachelor's degree in relevant scientific field.
- Master's degree in Business Administration or related field.
- Requires 2 years of relevant experience.

Should the successful applicant be a Unifor Unit 1 bargaining unit member, who meets the eligibility conditions of Article 19.02 of the Unifor Unit 1 Collective Agreement, then the Limited Term Assignment will be defined as a Career Growth Opportunity in accordance with Article 19 of the Unifor Local 5555 Unit 1 Collective Agreement.

**How To Apply**

**Employment Equity Statement**

McMaster University is located on the traditional territories of the Haudenosaunee and Mississauga Nations and within the lands protected by the “Dish With One Spoon” wampum agreement.

The diversity of our workforce is at the core of our innovation and creativity and strengthens our research and teaching excellence. In keeping with its Statement on Building an Inclusive Community with a Shared Purpose, McMaster University strives to embody the v